SOURCING STRATEGY
/ After years of diversification initiatives, here’s what’s working (and what’s not)
The last two years have seen an increased focus on diversifying supply chains. It’s not just a migration out of China in the face of geopolitical tensions and US tariffs.
A primary concern for nearly all brands is the potential over-reliance on a single country for their sourcing.
However, as brands ramped up initiatives to diversifying supply chains, they ended up adding new risks.
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